Every material Form 8-K Marriott Vacations Worldwide filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Marriott Vacations Worldwide reported third-quarter 2026 results, with net income attributable to common stockholders of $82 million, or $2.24 per diluted share, compared with a net loss of $2 million, or $0.07 per share, a year earlier. The company raised the midpoint of its full-year contract sales and Adjusted EBITDA guidance, despite an estimated $16 million hit to Adjusted EBITDA from Hurricane Lowell.
Q3 net income attributable to common stockholders was $82 million, or $2.24 diluted EPS, versus a loss of $2 million, or $0.07, a year earlier
Contract sales rose 29% to $565 million; Adjusted EBITDA rose 27% to $216 million
Full-year 2026 Adjusted EBITDA guidance now $810 million to $830 million, versus $805 million to $830 million previously
Share repurchase authorization of $322 million extended from December 31, 2026 to December 31, 2027
Marriott Vacations Worldwide reported second-quarter 2026 results on August 6, 2026, with total revenues of $1.3 billion, up 6% from a year earlier, and net income attributable to common stockholders of $77 million, up from $69 million. The company raised its full-year 2026 guidance for contract sales, Adjusted EBITDA and Adjusted free cash flow, which points to higher expected results for shareholders, though the guidance excludes items such as restructuring, litigation and impairment charges that the company says may be significant.
Q2 2026 contract sales rose 22% to $545 million; diluted EPS was $2.12 versus $1.77 a year earlier
Adjusted EBITDA rose to $215 million from $203 million; Adjusted EBITDA margin was 23.4% versus 24.3%
2026 contract sales guidance raised to $2,080 million to $2,115 million from $1,815 million to $1,885 million
2026 adjusted diluted EPS guidance raised to $8.25 to $9.05 from $7.05 to $7.80
Marriott Vacations Worldwide said CFO Jason Marino entered into an employment agreement effective July 30, 2026, to continue as Executive Vice President and Chief Financial Officer. The agreement sets a base salary of not less than $650,000, a 2026 target bonus of 110% of base salary, and a CFO Transformation Award tied to stock price and Adjusted EBITDA goals through December 31, 2028.
Base salary of not less than $650,000; 2026 target bonus 110% of base salary, maximum 220%
CFO Transformation Award has a target of 37,500 restricted stock units, with up to 75,000 units if maximum goals are met
Stock price goals start at $115 (threshold) and reach maximum at $215 or greater; Adjusted EBITDA goals run from $875,000,000 (threshold) to $1,100,000,000 or greater (maximum)
Severance on termination without cause is two times base salary plus target bonus, with 24 months of COBRA premiums
Marriott Vacations Worldwide said that, as part of an internal reorganization, its Executive Vice President and Chief Brand and Digital Officer position will be eliminated effective July 31, 2026, and Lori Gustafson will separate from the company. Her separation agreement provides a $1,425,000 severance payment and possible additional payment tied to 2026 company performance, which matters to shareholders as a cost and as a sign of executive-level restructuring.
Position of Executive Vice President and Chief Brand and Digital Officer eliminated effective July 31, 2026, as part of an internal reorganization
Lori Gustafson separates from the company; severance of $1,425,000, equal to 1.5 times her 2026 base salary plus 2026 target bonus
Gustafson may receive an additional payment based on MVW's actual 2026 performance; equity awards treated generally consistent with existing terms
Marriott Vacations Worldwide stockholders approved the Second Amended and Restated 2020 Equity Incentive Plan at their May 15, 2026 annual meeting. The plan adds 2,500,000 shares for equity awards, extends its term through May 15, 2036, and changes how awards are treated under the golden parachute tax provisions. The plan received 17,438,346 votes for and 7,830,264 votes against, so shareholders should note the sizable opposition alongside the approval.
Stockholders approved the Second Amended Plan at the May 15, 2026 annual meeting, adding 2,500,000 shares and extending the term to May 15, 2036.
Plan vote: 17,438,346 for, 7,830,264 against, 38,666 abstain, 4,661,773 broker non-votes.
All nine director nominees were elected, and Ernst & Young LLP was ratified as independent auditor with 29,837,885 votes for.
The advisory say-on-pay vote passed with 24,701,685 for and 553,458 against.
Marriott Vacations Worldwide reported first-quarter 2026 net income attributable to common stockholders of $22 million, down from $56 million, and diluted EPS of $0.64 versus $1.46, while total revenues rose 5% to $1,257 million. The company raised its full-year 2026 contract sales guidance to $1,815 million to $1,885 million and reiterated its Adjusted EBITDA guidance of $755 million to $780 million, so shareholders see weaker first-quarter profit alongside a higher sales outlook.
Net income attributable to common stockholders was $22 million, versus $56 million a year earlier; diluted EPS was $0.64, versus $1.46.
Adjusted EBITDA was $161 million, down from $192 million; contract sales were $411 million, down 2%.
Full-year 2026 contract sales guidance raised to $1,815 million to $1,885 million from $1,745 million to $1,815 million.
Full-year 2026 Adjusted EBITDA guidance of $755 million to $780 million was reiterated; the Westin Cancun sale generated $50 million of proceeds.
Marriott Vacations Worldwide said its executive vice president, general counsel and secretary, James Hunter, resigned at the company's request, effective March 9, 2026, and his employment ends April 1, 2026. Under a separation agreement, he will receive a severance payment of $1,500,504, equal to one and one-half times his 2026 base salary plus 2026 target bonus, and his outstanding equity awards will be treated according to their existing terms.
Resigned as executive vice president, general counsel and secretary effective March 9, 2026; employment ends April 1, 2026
Severance payment of $1,500,504 under a separation agreement with a general release of claims
Outstanding restricted stock units, performance shares and stock appreciation rights to be treated consistent with existing terms
Hunter remains with the company in an advisory role through April 1, 2026; CEO Matt Avril thanked him in a March 6, 2026 press release
Marriott Vacations Worldwide reported fourth quarter and full year 2025 results on February 25, 2026, including a fourth quarter net loss attributable to common stockholders of $431 million, compared with net income of $50 million a year earlier, driven by a $546 million non-cash impairment charge. Adjusted diluted earnings per share fell to $1.86 from $1.98, and the company issued full year 2026 guidance for adjusted EBITDA of $755 million to $780 million.
Q4 2025 net loss attributable to common stockholders was $431 million, or $12.43 per diluted share, versus net income of $50 million in Q4 2024.
Q4 2025 adjusted diluted EPS was $1.86, down from $1.98; consolidated contract sales were $458 million, down 4%.
Full year 2025 adjusted EBITDA was $751 million; 2026 guidance calls for adjusted EBITDA of $755 million to $780 million and adjusted diluted EPS of $7.05 to $7.80.
The company will hold a conference call on February 26, 2026 at 8:00 a.m. ET and plans to post a new investor presentation on its website that day.
Marriott Vacations Worldwide's board appointed Matthew Avril, its interim CEO since November 9, 2025, as chief executive, effective immediately, and named Michael Flaskey president and chief operating officer. A new pay plan ties two-thirds of the executives' long-term equity awards to $950 million in Adjusted EBITDA and a $145 stock price over three years. The company will report fourth quarter 2025 results on February 25, 2026.
Avril, age 65, has been a board member since March 2025 and receives a base salary of not less than $1,100,000 under his CEO employment agreement.
Flaskey, age 58, previously served as CEO of Hornblower Group from August 2024 to January 2026 and receives a base salary of not less than $1,000,000.
The CEO Transformation Award has a target of 150,000 restricted stock units, with up to 300,000 units, earned on stock price and Adjusted EBITDA goals.
Fourth quarter 2025 earnings are due after market close on February 25, 2026, with a conference call on February 26, 2026, at 8:00 a.m. ET.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Marriott Vacations Worldwide filing is on SEC EDGAR ↗. 8-K briefs of other companies →